Cloudastructure Inc. (NASDAQ:CSAI – Get Free Report) saw a significant decrease in short interest in the month of July. As of July 31st, there was short interest totaling 35,986 shares, a decrease of 95.1% from the July 15th total of 737,647 shares. Based on an average daily trading volume, of 40,356 shares, the short-interest ratio is presently 0.9 days. Approximately 5.5% of the company’s stock are short sold.
Institutional Inflows and Outflows
Several institutional investors have recently modified their holdings of the business. Citadel Advisors LLC purchased a new position in Cloudastructure in the third quarter valued at about $64,000. XTX Topco Ltd purchased a new stake in Cloudastructure during the 4th quarter worth approximately $39,000. Two Sigma Investments LP raised its position in shares of Cloudastructure by 104.6% in the 3rd quarter. Two Sigma Investments LP now owns 93,722 shares of the company’s stock valued at $118,000 after purchasing an additional 47,916 shares in the last quarter. Geode Capital Management LLC raised its position in shares of Cloudastructure by 27.3% in the 4th quarter. Geode Capital Management LLC now owns 196,921 shares of the company’s stock valued at $159,000 after purchasing an additional 42,204 shares in the last quarter. Finally, State Street Corp boosted its stake in shares of Cloudastructure by 26.0% during the 4th quarter. State Street Corp now owns 80,000 shares of the company’s stock valued at $64,000 after buying an additional 16,500 shares during the last quarter.
Cloudastructure Trading Down 0.4%
CSAI stock traded down $0.02 during trading on Tuesday, reaching $5.34. The stock had a trading volume of 39,511 shares, compared to its average volume of 97,344. Cloudastructure has a 1-year low of $3.53 and a 1-year high of $69.15. The company has a market capitalization of $4.43 million, a P/E ratio of -0.33 and a beta of 1.13. The firm has a fifty day moving average price of $9.24 and a 200 day moving average price of $15.33.
Wall Street Analyst Weigh In
Check Out Our Latest Stock Report on Cloudastructure
Cloudastructure Company Profile
Cloudastructure, Inc (NASDAQ: CSAI) is a technology company specializing in cloud-based video security and surveillance solutions. The company’s core offering is a subscription-based Video-as-a-Service (VaaS) platform that enables customers to deploy, manage and monitor high-definition cameras and environmental sensors through a unified cloud interface. By leveraging scalable cloud infrastructure, Cloudastructure eliminates the need for on-site video recording hardware and simplifies system maintenance and updates.
In addition to managed hardware, Cloudastructure provides advanced analytics capabilities powered by artificial intelligence and machine learning.
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